Solana Token Rebounds from Near-$61 Low as Buyers Step In

Solana's native token SOL has rebounded from its recent low of nearly $61 to around $66-$68, after facing heavy selling pressure due to the broader crypto market correction.

The strong reaction near the crucial $60 support level has brought back confidence among traders, who now expect a possible recovery in the coming days.

Technical indicators show that Solana may have reached an important turning point, with the Relative Strength Index (RSI) moving into oversold territory. This usually suggests a short-term price rebound after a sharp drop.

The network's strong growth is another positive sign, with nearly 25.3 billion transactions processed in Q1 2026, one of the strongest quarterly performances in Solana's history.